354 Spruce Street, London East, ON N5W 4N7

About this property

Situated on a beautiful quiet treed street, sits this renovated historic charmer multi-unit property. The second story addition of a new upper legal unit was just completed with building permit in 2023; and also includes a stand alone garden suite unit. This property is being offered fully vacant to offer the most flexibility for the Buyer. This is the perfect owner occupy mortgage helper, multi-generational home or turnkey investment property (over $66,000 in annual rent income when last occupied; through organic turnover all three units have become vacant over the past few months and have been left vacant to provide the most flexibility to the Buyer).Top to bottom, nearly everything has been redone under current ownership - from luxury vinyl plank floors throughout, new roofs, a new on demand high efficiency hot water heater system, new plumbing and electrical throughout, energy efficient windows, brand new kitchens (with gas stoves) and vent hoods, brand new redone bathrooms with luxury tile, stainless steel appliances, and a brand new heat pump / AC system to be installed prior to closing. This is not one to miss, such a unique property with all these features rarely comes on the market.

Property facts & features

Property type

Triplex

MLS® number

X14105012

Source status

New

Bedrooms

5

Bathrooms

3

Reported interior area

Not provided

Neighbourhood

Not provided

Postal code

N5W 4N7

Parking spaces

3

Garage

None

Lot depth (source units)

235.05

Annual property tax

2085

Basement

Unfinished, Walk-Up

Laundry

Not provided

Interior features

Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, Upgraded Insulation, Separate Heating Controls, Ventilation System

Exterior features

Deck, Patio, Porch, Year Round Living, Recreational Area

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Floor plans & room measurements

Floor plans and verified room measurements are not available for this property.

Property value & listing history

Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.

Plan your monthly ownership costs

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Location & neighbourhood

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